Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Southwest Airlines’ new pilot contract provides for 50% pay raise over 5 years
CHICAGO (Reuters) - Pilots at Southwest Airlines will get about a 50% pay raise over a five-year period in their new contract, according to the details shared by their union on Wednesday. The Southwes...
Dec 20, 2023
Cuba’s economy still shrinking, minister says
By Marc Frank and Nelson Acosta HAVANA (Reuters) - Cuban economy minister Alejandro Gil said on Wednesday that the country's economy likely shrunk this year and a hoped-for turnaround was still provin...
Dec 20, 2023
US new vehicle fuel economy hits record high in 2022 -EPA
WASHINGTON (Reuters) - The fuel efficiency of the U.S. new vehicle fleet hit a record high in 2022 with the highest yearly improvement in nine years to an average of 26 miles per gallon (mpg), as the ...
Dec 20, 2023
Nippon’s US Steel buy needs scrutiny, says Biden campaign adviser Deese
By Andrea Shalal WASHINGTON (Reuters) - Brian Deese, a key player in President Joe Biden's 2024 re-election bid, said on Wednesday that Nippon Steel's proposed purchase of U.S. Steel was concerning an...
Dec 20, 2023
Spain’s Santander to buy stake in U.S. real estate portfolio for $1.1 billion
MADRID (Reuters) - Spain's Santander on Wednesday announced it had clinched a transaction with the Federal Deposit Insurance Corporation (FDIC) to acquire a 20% stake in a U.S. real estate asset portf...
Dec 20, 2023
US DOJ, consumer bureau sue Texas developer for predatory lending
(Reuters) - Federal prosecutors and the top U.S. agency for consumer financial protection are suing a Texas real estate developer they accused of targeting thousands of Hispanic borrowers in a fraudul...
Dec 20, 2023
Egypt raises $800 million from hotels in divestment drive – PM
By Patrick Werr CAIRO (Reuters) -Egypt's sovereign wealth fund has signed an $800 million deal to sell a stake in seven prominent hotels to Egypt's Talaat Moustafa Group (TMG) in its drive to raise fu...
Dec 20, 2023
Pulitzer-winning authors join OpenAI, Microsoft copyright lawsuit
By Blake Brittain (Reuters) - A group of 11 nonfiction authors have joined a lawsuit in Manhattan federal court that accuses OpenAI and Microsoft of misusing books the authors have written to train th...
Dec 20, 2023
Explainer-Why EU fiscal rules matter
BRUSSELS (Reuters) - European Union finance ministers agreed changes to the EU's fiscal rules to offer countries tailor-made debt reduction paths and incentives to invest. Here's why the rules matter....
Dec 20, 2023
Optimism wanes, uncertainty increases for oil companies, Dallas Fed survey shows
HOUSTON (Reuters) - Oil and gas activity remained essentially unchanged and optimism waned as uncertainty jumped, a survey of oil and gas executives by the Dallas Federal Reserve Bank showed. Some of ...
Dec 20, 2023
